ART ADVICE AS

1366 LYSAKER

Finances

Return on Equity

0,17 %

Current Ratio

3,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 000	513 000	428 000	184 000
Net Income	8 000	484 000	402 000	184 000
Total Assets	6 346 000	6 319 000	6 079 000	5 341 000
Total Equity	4 646 000	4 638 000	4 365 000	3 963 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 000	513 000	428 000	184 000
Expenditure	37 000	23 000	22 000	21 000
Operating Profit	−24 000	490 000	406 000	163 000
Financial Income	62 000	2 000	12 000	42 000
Financial Costs	30 000	8 000	16 000	22 000
Financial Balance	32 000	−6 000	−4 000	20 000
Earnings Before Tax	8 000	484 000	402 000	184 000
Tax	0	0	0	0
Net Income	8 000	484 000	402 000	184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	664 000	664 000	664 000	258 000
Total Current Assets	5 681 000	5 655 000	5 415 000	5 083 000
Total Assets	6 346 000	6 319 000	6 079 000	5 341 000
Total Retained Equity	4 231 000	4 223 000	3 949 000	3 547 000
Total Equity	4 646 000	4 638 000	4 365 000	3 963 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 699 000	1 681 000	1 715 000	1 379 000
Total Equity and Debt	6 346 000	6 319 000	6 079 000	5 341 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	12 000	513 000	428 000	184 000
Revenue	12 000	513 000	428 000	184 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	37 000	23 000	22 000	21 000
Operating Profit	−24 000	490 000	406 000	163 000
Financial Income	62 000	2 000	12 000	42 000
Financial Costs	30 000	8 000	16 000	22 000
Financial Balance	32 000	−6 000	−4 000	20 000
Dividends	0	0	0	0
Net Income	8 000	484 000	402 000	184 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	664 000	664 000	664 000	258 000
Total Fixed Assets	664 000	664 000	664 000	258 000
Stock	0	0	0	0
Total Investments	836 000	563 000	1 264 000	1 139 000
Cash, Bank	4 845 000	4 651 000	4 151 000	3 945 000
Total Current Assets	5 681 000	5 655 000	5 415 000	5 083 000
Total Assets	6 346 000	6 319 000	6 079 000	5 341 000
Total Equity	4 646 000	4 638 000	4 365 000	3 963 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 699 000	1 681 000	1 715 000	1 379 000
Total Current Debt	1 699 000	1 681 000	1 715 000	1 379 000
Total Equity and Debt	6 346 000	6 319 000	6 079 000	5 341 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,17 %	10,44 %	9,21 %	4,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−200 %	95,52 %	94,86 %	88,59 %
Current Ratio	3,34	3,36	3,16	3,69
Quick Ratio	3,34	3,36	3,16	3,69
Equity Ratio	0,73	0,73	0,72	0,74
Gross Profit Margin	100 %	100 %	100 %	100 %